What are the benefits of a drawdown facility?
Simply speaking, a drawdown facility is a type of business loan. However, instead of receiving the loan amount as a single lump sum at the start of the agreement, it allows you to borrow differing amounts at different times throughout the term of the agreement. This means that it’s effectively a form of ‘revolving credit’ […]
Best Unsecured Business Loan Lenders
As a business owner, securing funding is a critical step for any organisation looking to grow, manage cash flow, and invest in new opportunities or business assets. For many companies, particularly small and medium-sized enterprises (SMEs), unsecured business loans offer a flexible and accessible financing solution without the need for collateral. With a variety of […]
6 Ways To Get Your Business On Track In 2024
The success of a business depends on the focus of a businessman on business, growing the base of customers, and making new small businesses from the previous one. To get your business on track, there are some tips that the team at Funding Bay want to share with you that will help you.
The importance of creating a solid financial plan for your business
As a business owner, creating a solid financial plan is essential to the success of your business. A financial plan is a roadmap that helps you make informed decisions about how to allocate resources, manage cash flow, and achieve your business goals. In this article, we’ll explore the importance of creating a solid financial plan […]
A Review of Online Asset Finance Platforms for Small Businesses
Learn more about the advantages and disadvantages of online asset finance platforms and how Funding Bay’s partnerships can help small businesses access the funding they need to grow. Check out our asset finance calculator to get started.
